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Updated: February 10, 2025 From the Editor

Cold storage tops hot trends in Maine development

By Peter Van Allen

A cold storage facility has been on the wishlist for the Maine business community for nearly a decade.

Such a facility is envisioned to safely store seafood, pharmaceuticals and produce coming in and out of the International Marine Terminal. Shipping pallets can be loaded on and off trucks, trains and container ships — all of which are in close proximity.

As our cover story indicates, the $56 million Portland waterfront cold-storage facility is now open for business. Deputy Editor Renee Cordes tells me she’s been covering the progress of the site — from the initial proposal through the zoning fight and now its opening — for much of the eight years she’s been on staff at Mainebiz.

“It’s more than a cold storage facility,” says Amir Mousavian, a University of New England professor of supply-chain management. “It has the potential to serve as a pivotal asset that will reshape Portland’s economic landscape, bolster its logistics and supply chain capabilities, and drive sustainable growth for years to come.”

Renee’s story, “Baby its cold inside,” starts on Page 12.

Maine’s housing crunch has been an ongoing topic of discussion. It’s been estimated by the state that Maine needs as many as 80,000 additional housing units by 2030. Senior Writer Laurie Schreiber has a story that looks at what some Maine developers are doing to tackle the so-called missing middle, with housing for middle-income earners who “have been priced out of market-rate housing or they don’t qualify for subsidized housing,” as Jack Soley tells Laurie. “Homing in on affordable homes” starts on Page 16.

New hire Tina Fischer, who is covering real estate development, has her debut “Building Business” column, which includes news from the construction industry and an update on one developer’s plans to move to Colorado. Building Business is on Page 25.

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